US Stock Closings 8/11/08

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U.S. stocks rose, adding to the biggest weekly rally since April, after oil’s drop below $115 a barrel boosted retailers and credit card companies.

The S&P 500 advanced 9 points, or 0.7 percent, to 1,305.32 after jumping 2.9 percent last week. The Dow Jones Industrial Average increased 48.03, or 0.4 percent, to 11,782.35, its highest level since June 25. The Nasdaq Composite Index added 25.85, or 1.1 percent, to 2,439.95.

(Bloomberg.com)